Mr Abed wants Brac to expand across the world
The founder of one of the world's largest non governmental organisations, the Bangladesh Rural Advancement Committee, has been honoured in the UK.
Fazle Hasan Abed - who holds dual British and Bangladesh citizenship - will be knighted by Queen Elizabeth in 2010 for services in tackling poverty.
He has also been awarded for empowering the poor in Bangladesh and globally.
Mr Abed's name was included in the Queen's New Year's Honours List released on Thursday.
"I feel very humbled to receive this award," he told the BBC from his office in Dhaka, "which I am delighted to accept on behalf of all Bangladesh Rural Advancement Committee (Brac) workers across the world.
"I now want to build on this success to continue Brac's fight against poverty not only in Bangladesh but in eight other countries in the world where we are involved - Afghanistan, Uganda, Tanzania, Southern Sudan, Pakistan, Sierra Leone, Liberia, and Sri Lanka."
Brac also has plans to expand into Haiti.
Mr Abed says that Brac's success was because of a "multi-dimensional approach" to fighting poverty such as improving education, healthcare and financial services.
He Abed is to be made a Knight Commander of the Most Distinguished Order of St Michael and St George (KCMG) and is the first person of Bangladeshi origin to be honoured with a knighthood by the British Crown since 1947.
Mr Abed is the second person in his family to be honoured with a knighthood. His grand uncle, Justice Nawab Sir Syed Shamsul Huda, was knighted by the British Crown in 1913.